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Home Q & A Board Science-Related Homework Help Mathematics
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pinkkurage pinkkurage
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A year ago
A company borrowed $50,000 at 12% compounded monthly. It made a payment of $15,000 after two years, and $12,000 after three years. How much is required to pay off the loan one year after the second payment?

▸ $17,432.08

▸ $42,636.06

▸ $29,799.41

▸ $48,043.38

▸ $80,611.30
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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schoolkidchuckschoolkidchuck
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A year ago
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pinkkurage Author
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A year ago
Thanks
njn;l
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This helped my grade so much Perfect
lipop
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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